人民财讯12月2日电，特变电工（600089）12月2日公告，截至公告披露日，"特变电工应收账款2期资产 支持专项计划(科技创新)"(简称"本次专项计划")的优先级资产支持证券和次级资产支持证券已得到全额 认购。本次专项计划实际收到的认购金额为17.215亿元，已经达到约定的专项计划募集资金规模，本次 专项计划于2025年12月2日正式成立。 ...

Core Viewpoint - Huaming Equipment's stock price has shown volatility, with a recent decline despite a significant year-to-date increase, indicating potential market fluctuations and investor sentiment shifts [1][2]. Financial Performance - For the period from January to September 2025, Huaming Equipment achieved a revenue of 1.815 billion yuan, representing a year-on-year growth of 6.87%. The net profit attributable to shareholders was 581 million yuan, reflecting a year-on-year increase of 17.66% [2]. - Cumulatively, the company has distributed 2.647 billion yuan in dividends since its A-share listing, with 1.849 billion yuan distributed over the past three years [3]. Stock Market Activity - As of December 2, Huaming Equipment's stock price was 24.02 yuan per share, with a market capitalization of 21.527 billion yuan. The stock has increased by 48.12% year-to-date, but has seen a decline of 1.11% in the last five trading days and 6.97% over the past 20 days [1]. - The stock experienced a net outflow of 5.9535 million yuan in principal funds, with significant selling pressure from large orders [1]. Shareholder Structure - As of November 20, the number of shareholders for Huaming Equipment was 32,600, a decrease of 15.24% from the previous period. The average number of circulating shares per person increased by 17.98% to 27,496 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 193 million shares, an increase of 36.5969 million shares from the previous period [3].

Core Viewpoint - Pinggao Electric experienced a decline in stock price, with a current trading price of 16.59 yuan per share and a market capitalization of 22.511 billion yuan, reflecting a year-to-date drop of 12.04% [1][2] Company Overview - Pinggao Electric, established on July 12, 1999, and listed on February 21, 2001, is located in Pingdingshan, Henan Province. The company specializes in the research, design, manufacturing, sales, installation, testing, maintenance, and service of power transmission and distribution equipment and its core components [2] - The core business includes the development and manufacturing of medium, high, ultra-high, and extra-high voltage AC and DC switchgear. The revenue composition is as follows: high voltage segment 57.30%, distribution network segment 28.03%, operation and maintenance 11.13%, international segment 2.93%, and other business income 0.61% [2] Financial Performance - For the period from January to September 2025, Pinggao Electric achieved operating revenue of 8.436 billion yuan, representing a year-on-year growth of 6.98%. The net profit attributable to the parent company was 982 million yuan, with a year-on-year increase of 14.62% [2] - The company has distributed a total of 3.788 billion yuan in dividends since its A-share listing, with 1.01 billion yuan distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders of Pinggao Electric was 64,100, an increase of 0.63% from the previous period. The average circulating shares per person decreased by 0.63% to 21,182 shares [2] - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 57.8484 million shares, a decrease of 25.1349 million shares from the previous period [3]

12月2日，特锐德盘中下跌2.15%，截至09:39，报25.96元/股，成交9275.70万元，换手率0.34%，总市值 274.02亿元。 资金流向方面，主力资金净流出142.81万元，特大单买入130.44万元，占比1.41%，卖出216.76万元，占 比2.34%；大单买入1125.01万元，占比12.13%，卖出1181.50万元，占比12.74%。 特锐德今年以来股价涨19.08%，近5个交易日跌1.67%，近20日跌9.99%，近60日涨5.23%。 分红方面，特锐德A股上市后累计派现6.84亿元。近三年，累计派现3.14亿元。 机构持仓方面，截止2025年9月30日，特锐德十大流通股东中，香港中央结算有限公司位居第二大流通 股东，持股4651.51万股，相比上期增加1705.36万股。易方达创业板ETF（159915）位居第三大流通股 东，持股1530.08万股，相比上期减少254.60万股。南方中证500ETF（510500）位居第四大流通股东， 持股1077.77万股，相比上期减少21.77万股。广发国证新能源车电池ETF（159755）位居第六大流通股 东，持股786.84万股，为新进股 ...

证券代码：601179 证券简称：中国西电 公告编号：2025-054 中国西电电气股份有限公司 第五届董事会第六次会议决议公告 二、审议通过了关于调整公司组织机构的议案 表决结果：同意8票、反对0票、弃权0票，审议通过。 同意调整电力电子事业部成员企业，新设电力器件事业部，设立数智中心。 特此公告。 中国西电电气股份有限公司董事会 2025年12月2日 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 中国西电电气股份有限公司（以下简称公司）第五届董事会第六次会议（以下简称本次会议）于2025年 11月26日以邮件、短信和电话方式发出会议通知，于2025年12月1日以通讯表决方式召开。本次会议应 出席董事8人，实到董事8人。本次会议的召集、召开程序符合《公司法》等有关法律、行政法规、其他 规范性文件及《公司章程》的相关规定。 本次会议经过有效表决，形成以下决议： 一、审议通过了关于制定《诚信合规准则》的议案 表决结果：同意8票、反对0票、弃权0票，审议通过。 ...

Core Viewpoint - Changgao Electric New Technology Co., Ltd. has responded to the Shenzhen Stock Exchange's inquiry regarding its application for issuing convertible bonds, addressing key market concerns such as customer concentration, gross margin fluctuations, accounts receivable recovery, and goodwill impairment [1] Customer Concentration - The company has a high customer concentration, with sales to State Grid and its subsidiaries accounting for 86.39%, 85.33%, and 87.58% of revenue from 2022 to 2024, which aligns with industry characteristics [2] - Compared to peers, the company's customer concentration is slightly higher due to its focus on high-voltage switches and closed combination electrical equipment, while competitors diversify into distribution networks and renewable energy [2] - To mitigate risks from potential changes in State Grid's investment policies, the company has developed strategies such as expanding its product range and increasing R&D for ultra-high voltage and smart products [2] Gross Margin Trends - The gross margin for high-voltage switches, closed combination electrical equipment, and complete electrical equipment has been on the rise, with an overall gross margin of 40.84% projected for 2024, up 7.95 percentage points from 2022 [3] - Specifically, the gross margin for high-voltage switches increased from 41.00% in 2022 to 47.67% in 2024, while closed combination electrical equipment rose from 34.81% to 40.54% [3] - The increase in gross margin is attributed to product structure optimization, improved supplier management by State Grid, declining raw material prices, and economies of scale [3] Accounts Receivable Management - The company has reported accounts receivable of 80.93 million yuan and has made an 80% provision for bad debts related to the Chunhua Zhonglue project, which is pending subsidy approval [4] - The company emphasizes that the remaining unprovided bad debt will not significantly impact its performance if subsidies are not received, as the proportion of unprovided bad debt to net profit is small [4] - The provision for bad debts for accounts receivable over five years is lower than the industry average but is considered sufficient due to the quality of clients, primarily from State Grid [5] Goodwill and Subsidiary Performance - The company has not recorded any impairment on goodwill, which amounts to 65.41 million yuan, stemming from acquisitions of subsidiaries that have shown stable performance [6] - The net profit of Changgao Electric and Changgao Senyuan has significantly increased, with Changgao Electric's net profit projected at 158 million yuan for 2024, a 1.8-fold increase since 2020 [6] Financial Investments and Fund Utilization - Financial investments account for only 0.5% of the company's net assets, primarily consisting of equity in Changsha Bank and investments in Beijing Zhongneng Hulian Electric Power Investment Center [8] - The company confirms that the funds raised will be directed towards core business projects, such as the expansion and upgrading of production bases, rather than financial investments [8]

进一步统计，近3个月内该股累计发生7笔大宗交易，合计成交金额为1.56亿元。 证券时报·数据宝统计显示，特变电工今日收盘价为22.23元，上涨1.97%，日换手率为3.87%，成交额为 43.58亿元，全天主力资金净流入2.52亿元，近5日该股累计上涨3.30%，近5日资金合计净流出1.95亿 元。 特变电工12月1日大宗交易平台出现一笔成交，成交量17.29万股，成交金额384.36万元，大宗交易成交 价为22.23元。该笔交易的买方营业部为中信证券股份有限公司上海分公司，卖方营业部为国联民生证 券股份有限公司总部。 12月1日特变电工大宗交易一览 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 17.29 | 384.36 | 22.23 | 0.00 | 中信证券股份有限公 | 国联民生证券股份有 | | | | | | 司上海分公司 | 限公司总部 | 两融数据显示，该股最新融资余额为55.75亿元，近5日减 ...

核心观点 公司发布2025 年三季度报告，2025 年前三季度业绩同比增长0.75%，经营质效提升。公司持续优化业 务结构，聚焦设备类业务，盈利能力有所提升，2025 年前三季度销售毛利率为23.88%，同比增加 1.94pct。行业层面，2025 年1-10 月电网投资完成额为4824 亿元，同比增长7.2%。预计2025 年国家电网 建设投资总规模将超过6500 亿元，延续较高增长；南方电网固定资产投资将超1750 亿元。数条交直流 特高压计划2025年开工，2025 年已核准两条直流特高压工程，以及数条背靠背互济工程。公司作为国 内特高压换流阀的核心供应商之一，将受益于电网行业需求增长，以及直流项目加速推进。 事件 公司发布2025 年三季度报告，2025 年前三季度实现营业收入94.5 亿元，同比略降1.38%，归母净利润 9.0 亿元，同比增长0.75%；扣非归母净利润8.8 亿元，同比增长1.48%。 简评 2025Q3 业绩企稳，前三季度盈利能力提升 2）直流业务交付起量增利：2025H1 直流输电收入4.6 亿元，同比高增212%，预计得益于直流重点项目 设备逐渐交付。 3）新能源及系统集成收 ...

特锐德公告，近日，北京市公共资源交易服务平台发布了《2025年铁路建设项目国铁集团管理的甲供物 资第六批次（第一部分）中标候选人公示》，公司为部分项目的第一中标候选人，预计中标总金额约 9487.92万元。 ...

Core Viewpoint - Samsung Medical (601567.SH) announced that its wholly-owned subsidiary, Ningbo Aux Intelligent Technology Co., Ltd. (referred to as "Aux Intelligent Technology"), has been recommended as a candidate for the second joint procurement project of the State Grid Corporation of China for 10kV pole-mounted transformer complete equipment, 10kV transformers, and overhead insulated wires in the East China region for 2025, with a total expected bid amount of approximately 124 million yuan [1] Group 1 - The subsidiary, Aux Intelligent Technology, is involved in the procurement project for the State Grid Corporation of China [1] - The total expected bid amount for the project is approximately 124 million yuan [1]